Earnings history

last 4 reports each · paired by recencyMethod

MRSH

3 of 4at or beyond implied

Reportimpliedrealized× implied

Q3 FY26±2.7%+4.56%×1.70

Q2 FY26±6.7%−0.28%×0.04

Q1 FY26±3.2%+4.39%×1.38

Jan 29 '26±4.8%+6.00%×1.25

WTW

2 of 4at or beyond implied

Reportimpliedrealized× implied

Q3 FY26±5.9%−0.28%×0.05

Q2 FY26±6.8%+6.37%×0.94

Q1 FY26±6.4%−11.69%×1.83

Feb 3 '26±4.7%+5.84%×1.23

= impliedMRSH realized, solidWTW realized, hatchedOne scale, both sides: full bar = 12%× = |realized| ÷ impliedSource: market data

MRSH compared with WTW: revenue, margins and what each company keeps, and the suppliers and customers both name